OKX and NYSE partner to bridge tradfi and crypto markets in joint venture led by Andrew Cuomo
CoinDesk 2026-06-22 13:40:27
Context: OKX, a major cryptocurrency exchange, and Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), have partnered to create a joint venture aimed at bridging traditional financial markets and cryptocurrency markets. Led by former New York Governor Andrew Cuomo, the venture seeks to provide OKX's 120 million global users with access to ICE futures and NYSE tokenized equities markets. The partnership is subject to regulatory approval and aims to operate as a U.S.-registered broker-dealer and futures commission merchant.
Key Facts
- OKX and Intercontinental Exchange (ICE) have partnered to create a joint venture led by former New York Governor Andrew Cuomo to build infrastructure linking traditional and digital markets.
- The joint venture aims to enable OKX's 120 million global users to access ICE futures and NYSE tokenized equities markets, subject to regulatory approval.
- The venture is expected to operate as a U.S.-registered broker-dealer and futures commission merchant, and will explore adjacent opportunities for the regulatory-compliant blockchain-enabled market.
- ICE has made a strategic investment in OKX at a $25 billion valuation, and has also backed digital asset firm Bakkt and invested $2 billion in crypto-powered prediction market Polymarket.
- The partnership follows a March announcement of a collaboration between ICE and OKX to introduce tokenized stocks and crypto futures products, and is part of ICE's broader push into digital assets.